Emerging Payments

From biometric authentication and generative AI to contactless payments, the emerging payments space is enabling financial institutions to adapt to changing consumer preferences. Emerging technology is providing organizations with enhanced capabilities to stay ahead.

Electronic Payments

ISO 20022 Adoption Has Its Challenges, but Advantages Outweigh Them

by PaymentsJournal

July 24, 2023

The adoption of ISO 20022 is well underway, especially within central banks and larger institutions. This International Organization for Standardization...

Apple savings accounts Direct Financial Service Plans from Apple Cause Fintech Stock Decline, apple card, third-party payment

Mobile Apps

A Look into Apple’s Financial Ecosystem Strategy

by Josh Einis

July 20, 2023

Apple has been venturing into the financial services space for years, encroaching on traditional banks and financial institutions with its...

The Inevitability of Biometric Authentication

Biometrics

Instagram to Pay $68.5 Million in Biometric Privacy Settlement

by Josh Einis

July 19, 2023

Millions of Illinois-based Instagram users could soon find themselves eligible for a share of a $68.5 million class-action biometric privacy...

Digital Payments

Apple Cash Allows Parents to Pay Kids Recurring Allowance

by Elisa Tavilla

July 18, 2023

Parents often give their children a regular allowance for doing chores and to teach them about money management from a...

5 Ways to Protect Your Financial Institution from a Cyberattack

Identity Verification

Ethiopia to Mandate Digital ID for Banking Operations

by Josh Einis

July 14, 2023

The National Bank of Ethiopia has announced a joint initiative with the National ID Program to leverage the country’s digital...

Fintech

Salt Lake City Makes Strides to Cement Itself as a Fintech Hub

by Josh Einis

July 12, 2023

Salt Lake City is making moves to establish itself as a fintech hub with the opening of the Stena Center...

Payment Trends

Understanding the Rapidly Evolving Payment Landscape to Remain Competitive

by PaymentsJournal

July 12, 2023

The evolution of consumer payment behaviors has increased the adoption of new payment technologies and solutions, including account-to-account transfers (A2A),...